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Forex Derivative EA


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Re: Forex Derivative EA

 

Hey,... what your setting ikarama, and what is your Broker use.

 

this seen good : http://derivativeeaf.mt4stats.com/

 

thank's

 

IBFX

FXDD

Alpari-UK

 

I am getting less trades on IBFX but the best profits.

 

There are no real settings to change other than Money Management which is true. Also IBFX doesn't allow hedging which is off.

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Re: Forex Derivative EA

 

153710324 2009.06.11 15:30 buy 0.01 eurusd 1.40990 1.40110 1.44500 2009.06.11 17:53 1.41370 0.00 0.00 0.00 3.80

153740417 2009.06.12 04:30 buy 0.03 gbpusd 1.65337 1.63950 1.69500 2009.06.12 11:30 1.64054 0.00 0.00 0.00 -38.49

153749931 2009.06.12 08:00 buy 0.04 usdcad 1.11158 1.10010 1.14500 2009.06.12 14:43 1.11769 0.00 0.00 0.00 21.87

153758510 2009.06.12 11:45 buy 0.03 gbpusd 1.64134 1.62740 1.95480 2009.06.12 17:59 1.64668 0.00 0.00 0.00 16.02

 

other account

 

10369531 2009.06.11 04:00 buy 0.03 audusd 0.8059 0.7944 0.8450 2009.06.11 09:41 0.8089 0.00 0.00 0.00 9.00

10371335 2009.06.11 04:20 buy 0.03 gbpusd 1.6374 1.6235 1.6611 2009.06.11 08:35 1.6404 0.00 0.00 0.00 9.00

10373469 2009.06.11 04:35 sell 0.04 usdcad 1.1055 1.1170 1.0691 2009.06.11 11:32 1.1029 0.00 0.00 0.00 9.43

10402343 2009.06.11 11:36 sell 0.05 usdcad 1.1019 1.1134 1.0691 2009.06.11 11:40 1.1018 0.00 0.00 0.00 0.45

10402837 2009.06.11 11:41 sell 0.03 usdcad 1.1012 1.1127 1.0691 2009.06.11 20:10 1.0982 0.00 0.00 0.00 8.20

10474053 2009.06.12 02:15 buy 0.03 gbpusd 1.6593 1.6454 1.6950 2009.06.12 12:08 1.6464 0.00 0.00 0.00 -38.70

10529506 2009.06.12 15:27 sell 0.05 gbpusd 1.6334 1.6400 1.6258 2009.06.12 15:50 1.6357 0.00 0.00 0.00 -11.50

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Re: Forex Derivative EA

 

Last week the results was very good, nearly no loss and big gains...

 

But since Friday and today I have loss over 1500 Euro....

 

= 4 trades and all closed with loss.

 

A trade is still open but with negative floating....

 

It's looks that this EA was only optimized to work for a short period only. The seller don't give any answer....

 

ForexDerivative does actually exactly the opposite of a trend now. The result: LOSS

 

ForexDerivative maybe really a SCAM?

 

Thanks,

 

megainvest

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Re: Forex Derivative EA

 

megainvest, if you are talking about real EUR1500, it's f/sad. I would just stopped using it. Otherwise, you will see in a month or two how bad or good it is if it recovers your virtual deposit.

 

My own experience, as I said, is very poor so far. I went through the code and find that so many parameters are just impossible to optimize, and you likely need to do it weekly, which does not tell you anything good about the EA.

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Re: Forex Derivative EA

 

@igogo

 

Many thanks for your explications. Yes, the account is with real money. I have lost 1500 Euro, but I'm still in profit, because last week the EA was very profitable.

 

I hope with the next trades the EA will recover the losses otherwise I will immediately stop it and request a refund.

 

Maybe you have right that this EA need a weekly optimazion to remain profitable. But this is impossible for me. And if the seller claim that this EA is capable to self-adjusting the settings to adapt at the current market situation so we don't have do anything (only in theory)... X-(

 

Thanks,

 

megainvest

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Re: Forex Derivative EA

 

megainvest, if you bought it and not using the cracked version from here, you should get a refund indeed.

 

It comes with a DLL where all settings are pre-set for each year(!) including beginning of 2009. All variables (there are 42 which vary over time of total of 101) stored in DLL were analyzed here (including by myself), and I decided not to buy that EA, which should be very sensitive to market conditions even on backtests. Even though I understand and accept that EAs should be optimized from time to time, and the author did well on optimizing previous years, I am suspicious he will not be able to predict the future and provide you with new settings before conditions change :)

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Re: Forex Derivative EA

 

Not trade,... almost 2day, is normal,,,...??? #:-S

 

where is the .dll file? please help.

 

Yeah.. I think that's normal.

I neither have it installed no plan to install it on my platform in near future, so I consider no trades in 2 days by Derivative is normal for me.

 

Cheers, mate :)

 

Yeah, by the way, I uploaded this beast here for you:

Link: http://www.forexsharing.com/302377

Pass: Russia

 

There are original ex4 with dll and "edu" claimed to be working w/o dll. Manual and mq4 included 8-)

Use it "as is", can't advise on uploaded files or settings, this baby failed to capture my attention.

I also don't have "key" to make it work or whatever. Just give you the files that I have, nothing more to add.

Cheers!

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Re: Forex Derivative EA

 

I have disabled ForexDerivative from my live account. 5 Trades between Monday and Thuesday, all loss. The loss in real money was about 2000 Euro.

 

In my opinion this EA is a Random Trader. Maybe some trades are good, but in the long time without a really system this EA will fail....

 

I have also contacted the seller, but they don't offer any support or help.

 

So this is a bad signal and I recommend everybody to ask for a refund.

 

Cheers,

 

megainvest

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Re: Forex Derivative EA

 

Not trade,... almost 2day, is normal,,,...??? #:-S

 

where is the .dll file? please help.

 

Yeah.. I think that's normal.

I neither have it installed no plan to install it on my platform in near future, so I consider no trades in 2 days by Derivative is normal for me.

 

Cheers, mate :)

 

Yeah, by the way, I uploaded this beast here for you:

Link: http://www.forexsharing.com/302377

Pass: Russia

 

There are original ex4 with dll and "edu" claimed to be working w/o dll. Manual and mq4 included 8-)

 

 

Use it "as is", can't advise on uploaded files or settings, this baby failed to capture my attention.

I also don't have "key" to make it work or whatever. Just give you the files that I have, nothing more to add.

Cheers!

 

 

Thank's Starting you a rock....... \m/

 

I'll test id... :shand:

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  • 2 weeks later...

Re: Forex Derivative EA

 

Have you guys tried testing this EA without the suspicious code?

 

From http://www.expertadvisorsforex.com/forex-derivative.html:

 

If this code would be taken out of MQ4 file it would have no effect on neither backtesting nor live trading.

 

Here's their forward test: http://derivativeeaf.mt4stats.com

 

Let's see how this performs in the next few months.

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Re: Forex Derivative EA

 

Have you guys tried testing this EA without the suspicious code?

 

From http://www.expertadvisorsforex.com/forex-derivative.html:

 

someone on here 'fixed' that code.

 

i tested the fixed code and found the results dramatically worse then previously.

 

it shows how much hyper bowl theyre talking trying to deflect from their deception.

 

it will probably work a bit for a while, as the current settings are optimised. but as time goes on itll probably begin to fail.

 

i dont trust them, so im not giving them any of my money - even if this EA was profitable... which its not.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

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Re: Forex Derivative EA

 

Seems there is a new updated version available, just got an email 2 mins ago.

 

Quote

 

"We have made some major improvements to our software.

It now has a Money Management Risk Level variable that the

user can set to LOW, MEDIUM or HIGH depending on the users

trading style.

 

It also has an exponential trailing stop loss variable that

is protecting profitable trades even though it may reduce the

number of some large winning trades over the long run. It is

up to the user to set it at true or false.

 

And we have also included some internal controls inside the

EA to improve the performance during current market conditions."

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